Know The Scams That Top The IRS ‘Dirty Dozen’ List

Owner-Ops & ICs: What Is Your Tax Plan For The 2025 Fiscal Year?

Unless you filed an extension with the IRS, many people put thoughts about taxes off into the distance once the calendar flips from April to May. In this episode of the Business of Trucking, Certified Public Accountant John Turner continues his efforts to emphasize the importance of developing a tax planning strategy that you can use throughout the year. As John shares with our listeners, waiting until later in the year or putting tax planning off until tax time can prove to be quite costly. As you will hear, John discusses a number of proven tax planning strategies that can allow owner-operators and independent contractors to be positioned to lower what they will owe to the IRS at Tax Time. Those strategies include the pre-tax savings of contributions to retirement plans, equipment purchases and considerations with business entity structures. If You Are A Professional Driver Or You Own A Trucking Business, It’s Always Tax Season, And John Turner Is Ready To Help You!  John Turner’s Trucker Tax Organizer is designed to help owner-operators, independent contractors and company drivers work with the information you need to stay on top of your business while you are on the road. Stay organized throughout the year. Learn more on how John and his team can help you by clicking here [https://www.jturnercpa.com/]. The post Owner-Ops & ICs: What Is Your Tax Plan For The 2025 Fiscal Year? [https://podwheels.com/owner-ops-ics-what-is-your-tax-plan-for-the-2025-fiscal-year/] appeared first on PodWheels [https://podwheels.com].

It’s Never Too Early To Start Your Tax Planning For This Fiscal Year

While this episode of the podcast notes the close of the April tax filing deadline and looks back on another tax season, Certified Public Accountant John Turner reminds listeners about the value of tax planning. John notes that staying on top of your business throughout the year with a tax plan can help to ease the stress when the tax filing deadline arrives. Also, in this episode, John highlights the discovery of unexpected tax liabilities for taxpayers as well as the need for small business owners to utilize proactive bookkeeping. The discussion also touches on the human element of tax preparation, noting how communication between a tax preparer and their clients can help in avoiding financial surprises. Looking at the 2025 fiscal year, John highlights some strategies for tax savings, including the benefits of S-corporations and reasonable compensation. If You Are A Professional Driver Or You Own A Trucking Business, It’s Always Tax Season, And John Turner Is Ready To Help You!  John Turner’s Trucker Tax Organizer is designed to help owner-operators, independent contractors and company drivers work with the information you need to stay on top of your business while you are on the road. Stay organized throughout the year. Learn more on how John and his team can help you by clicking here [https://www.jturnercpa.com/]. The post It’s Never Too Early To Start Your Tax Planning For This Fiscal Year [https://podwheels.com/its-never-too-early-to-start-your-tax-planning-for-this-fiscal-year/] appeared first on PodWheels [https://podwheels.com].

Taking Time To Review Key Deductions As The 2025 Tax Deadline Approaches

With the clock ticking down toward the April 15th deadline for tax filings, Certified Public Accountant John Turner uses this episode of the podcast to review an important business operation deduction that owner-operators, independent contractors and owners of small trucking companies often utilize at tax time. As you will hear, John will be talking about the key considerations regarding the home office deduction. You will also hear John cover the regulations when providing financial gifts to others, and John spends some time discussing per diem deductions. If You Are A Professional Driver Or You Own A Trucking Business, It’s Always Tax Season, And John Turner Is Ready To Help You!  John Turner’s Trucker Tax Organizer is designed to help owner-operators, independent contractors and company drivers work with the information you need to stay on top of your business while you are on the road. Stay organized throughout the year. Learn more on how John and his team can help you by clicking here [https://www.jturnercpa.com/].. The post Taking Time To Review Key Deductions As The 2025 Tax Deadline Approaches [https://podwheels.com/taking-time-to-review-key-deductions-as-the-2025-tax-deadline-approaches/] appeared first on PodWheels [https://podwheels.com].

Know The Scams That Top The IRS ‘Dirty Dozen’ List

In this episode of the podcast, Certified Public Accountant John Turner will be addressing the timely topic of tax scams that can often be found during tax season. As John shares with us, the IRS publishes a Dirty Dozen list of the top tax scams the agency has seen during the past year. As you will hear, these scams include email phishing, fake charities, improper claims for household employment taxes, bogus self-employment tax credits and ghost tax return preparers. In this episode, John also discusses the intricacies of fuel tax credits in the trucking industry. If You Are A Professional Driver Or You Own A Trucking Business, It’s Always Tax Season, And John Turner Is Ready To Help You!  John Turner’s Trucker Tax Organizer is designed to help owner-operators, independent contractors and company drivers work with the information you need to stay on top of your business while you are on the road. Stay organized throughout the year. Download the Trucker Tax Organizer today by clicking [https://leads.jturner.cpa/podwheels/?referrer=https://podwheels.com/know-the-scams-that-top-the-irs-dirty-dozen-list/]here [https://leads.jturner.cpa/podwheels/?referrer=https://podwheels.com/know-the-scams-that-top-the-irs-dirty-dozen-list/]. The post Know The Scams That Top The IRS ‘Dirty Dozen’ List [https://podwheels.com/know-the-scams-that-top-the-irs-dirty-dozen-list/] appeared first on PodWheels [https://podwheels.com].

Will IRS Staffing Reductions Impact The 2025 Tax Season?

In this episode of the podcast, Certified Public Accountant John Turner covers a number of timely topics, including a discussion of the recent IRS layoffs and the possible impact those layoffs might have on tax season in 2025. John also uses this episode of the podcast to note the many additional considerations for professional drivers when it comes to filing your taxes. As you’ll hear, this is especially true for owner-operators and independent contractors who can truly benefit from utilizing a tax professional who understands the trucking industry. If You Are A Professional Driver Or You Own A Trucking Business, It’s Always Tax Season, And John Turner Is Ready To Help You!  John Turner’s Trucker Tax Organizer is designed to help owner-operators, independent contractors and company drivers work with the information you need to stay on top of your business while you are on the road. Stay organized throughout the year. Download the Trucker Tax Organizer today by c [https://leads.jturner.cpa/podwheels/?referrer=https://podwheels.com/will-recent-irs-staffing-reductions-impact-the-2025-tax-season/]licking here [https://leads.jturner.cpa/podwheels/?referrer=https://podwheels.com/will-recent-irs-staffing-reductions-impact-the-2025-tax-season/]. The post Will IRS Staffing Reductions Impact The 2025 Tax Season? [https://podwheels.com/will-irs-staffing-reductions-impact-the-2025-tax-season/] appeared first on PodWheels [https://podwheels.com].